5 Best Nano Cap Stocks To Buy Now

In this piece, we will take a look at the five best nano cap stocks to buy now. If you want to take a look at what’s happening in the economy and some nano cap companies, then take a look at 12 Best Nano Cap Stocks To Buy Now.

5. Sensus Healthcare, Inc. (NASDAQ:SRTS)

Number of Hedge Fund Investors in Q1 2023: 10

Sensus Healthcare, Inc. (NASDAQ:SRTS) is a medical devices company headquartered in Boca Raton, Florida. Its products primarily aim to treat cancer through radiation and on this front, the firm announced in May 2023 that its radiation system might also be able to fight pet cancer.

As of March 2023, ten of the 943 hedge funds part of Insider Monkey’s database had bought a stake in Sensus Healthcare, Inc. (NASDAQ:SRTS). Jim Simons’ Renaissance Technologies is the firm’s largest hedge fund investor since it owns a $1.4 million stake.

4. F45 Training Holdings Inc. (NYSE:FXLV)

Number of Hedge Fund Investors in Q1 2023: 10

F45 Training Holdings Inc. (NYSE:FXLV) is an American fitness firm that operates its own establishments and also offers custom, high intensity training programs. The firm scored a big win in June 2023 when Men’s Journal named it the best gym chain in America.

Insider Monkey took a look at 943 hedge funds for their first quarter of 2023 shareholdings to find out that ten had bought the firm’s shares. F45 Training Holdings Inc. (NYSE:FXLV)’s largest shareholder is John Bader’s Halcyon Asset Management with a $7.4 million investment.

3. Bolt Biotherapeutics, Inc. (NASDAQ:BOLT)

Number of Hedge Fund Investors in Q1 2023: 12

Bolt Biotherapeutics, Inc. (NASDAQ:BOLT) is a biotechnology company that develops cancer treatments. It entered into a deal with a rare disease treatment provider in May 2023 to develop a technology to diagnose eye diseases by analyzing tears.

By the end of 2023’s March quarter, ten of the 943 hedge funds part of Insider Monkey’s survey had invested in Bolt Biotherapeutics, Inc. (NASDAQ:BOLT). Albert Cha and Frank Kung’s Vivo Capital is the firm’s biggest investor in our database through a stake worth $5.3 million.

2. PhenomeX Inc. (NASDAQ:CELL)

Number of Hedge Fund Investors in Q1 2023: 14

PhenomeX Inc. (NASDAQ:CELL) is another biotechnology firm. Its products enable researchers to understand cell function, and the firm’s systems have enabled researchers to identify antibodies to fight the Omicron coronavirus variant months before the outbreak.

14 of the 943 hedge funds profiled by Insider Monkey for their Q1 2023 shareholdings had bought a stake in the company. Out of these, PhenomeX Inc. (NASDAQ:CELL)’s largest shareholder is David Nierenberg’s Nierenberg Investment Management with a $4.7 million investment.

1. Heliogen, Inc. (NYSE:HLGN)

Number of Hedge Fund Investors in Q1 2023: 16

Heliogen, Inc. (NYSE:HLGN) is a rare company that develops systems using heat generated from sunlight to power up industrial systems. 2023 has been a good year for the firm so far, as it has entered into contracts with a coal company and Lancaster, California for its products to reduce pollution and provide renewable energy sources.

After sifting through 943 hedge funds for their first quarter of 2023 investments, Insider Monkey discovered that 16 had bought and owned a stake in Heliogen, Inc. (NYSE:HLGN).

Disclosure: None. You can also take a look at 10 Dow Stocks Billionaires Are Loading Up On and 11 Most Undervalued Foreign Stocks To Buy.

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